System and method for outsource supplier management

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7725370
APP PUB NO 20050267822A1
SERIAL NO

10856889

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Abstract

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A system and method for is provided for outsource supplier management that facilitates improved order communication between customers, sellers and outsource suppliers. During order processing the supplier management system automatically receives the order from the customer and passes the order to the outsource supplier along with order, material and shipping parameters. The outsource supplier ships the product directly to the customer using the parameters provided with the order. When the product is shipped from the outsource supplier, shipment data is sent from the outsource supplier to the seller. The seller virtually receives the parts in the seller's inventory, and creates an invoice to pay the outsource supplier. The original order from the customer is matched with the virtual inventory and the product is virtually shipped from the seller to the customer. The customer is then invoiced by the seller or outsource supplier depending on customer requirements.

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Patent Owner(s)

  • KLX INC.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Mead, Christopher J Scottsdale, US 1 7

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